NEW: East Greenwich’s Corvias Lands First Student Housing Project

Corvias Campus Living, a privately-owned, vertically-integrated real estate solutions company with its headquarters in East Greenwich, Rhode Island, announced today plans to construct and manage student apartments for the Alabama College of Osteopathic Medicine (ACOM). As the company’s first student housing project, Corvias will develop three 30,864-square-foot residential apartment buildings, 117 bedrooms and a 3,000-square-foot clubhouse along with many outdoor amenities during Phase One.

The on-campus student residences will open in July 2013 to welcome ACOM’s inaugural class of 150 students who will be able to choose from one and two-bedroom apartments, each with a private bathroom and fully-equipped kitchen. The energy efficient units will feature modern and convenient amenities, including wireless internet, washer and dryer connections and private study areas.

Students living on campus will also enjoy access to a brand new clubhouse designed with a state-of-the-art fitness and cardio facility, as well as an open communal kitchen. In addition, there will be private, collaborative spaces available for students to study or socialize. ACOM students will also benefit from the outside common areas where featured amenities include a swimming pool, basketball court, communal garden and a playground for families.

First student housing partnership

“We are enthused and honored to have been selected for our first student housing partnership by ACOM’s leadership,” said Kurt Ehlers, Managing Director of Corvias Campus Living. “By doing what we do best – delivering the highest quality solutions to unique housing challenges - the college will be able to focus on its mission of offering the highest quality academic programs for its students for decades to come.”

Through a long-term, sustainable development partnership, Corvias Campus Living will be responsible for all construction and property management services, which will allow the college to focus on its ongoing plan to strengthen its academic offerings and pursue its mission to address the critical need for primary care physicians to serve the rural and medically underserved areas of Alabama and the surrounding region.

“The development and management of student housing will add value to our campus life,” said Ronald S. Owen, ACOM President. “Corvias approached ACOM about building and managing an on-campus housing community offered for our medical students’ unique needs.”

Corvias has a local, Dothan office and has been responsible for Army housing at Fort Rucker in Alabama since April 2006, erecting nearly 800 new homes, renovating 550, and building three 7,200-square-foot, state-of-the-art neighborhood centers. Nearly $156 million has been spent on construction and development with 96 percent going to local and small businesses in the Wiregrass area.